Brian Thompson, 50, was shot around 6:45 a.m. ET (1145 GMT) outside...
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Zurich Resilience Solutions and GoImpact Capital Partners forge strategic alliance for APAC climate resilience
Initially targeting businesses in Hong Kong, Singapore, and...
StanChart sets $200 billion new wealth assets target, focuses on Chinese and Indian wealthy
StanChart’s assets under management sourced from wealthy Chinese...
Chinese passenger plane with 132 aboard crashes in Guangxi province, no sign of survivors
Broadcaster CCTV said the accident involving a China Eastern Airlines Boeing 737 and occurred near the city of Wuzhou in Teng county. It said rescuers had been dispatched and there was no immediate word on numbers of dead and injured The twin-engine, single aisle...
Companies put brakes on $25 billion of deal-making as Ukraine war rages
More than $18 billion of the delayed deals are for debt financing, including bonds, loans and asset-backed securities, while the rest is for for mergers, acquisitions and initial public offerings Firms across the globe are ditching fund-raising deals at a quickening...
Australia to make Big Tech hand over data on misinformation
"Digital platforms must take responsibility for what is on their sites and take action when harmful or misleading content appears," Communications Minister Paul Fletcher said in a statement Australia's media regulator will be able to force internet companies to...
Hong Kong to ease strict COVID measures from April, lifts flight ban
Hong Kong's border has effectively been shut since 2020 with few flights able to land and hardly any passengers allowed to transit, isolating a city that had built a reputation as a global financial hub Hong Kong: Hong Kong plans to relax some anti-COVID-19 measures...
U.S. ESG shareholder resolutions up 22% to record level for 2022, study finds
Many seek details on carbon emissions or workforce diversity. Successes activists scored last year such as changing directors at Exxon Mobil Corp could make directors look at proposed changes more favorably, said sponsors of the review U.S. corporations face an...
China under pressure amid countrywide COVID-19 resurgence
China is battling its biggest virus surge in two years and numerous cities have imposed travel bans and lockdowns, including tech hub Shenzhen, which have shaken economic stability and global supply chains. China has clung to a zero-tolerance approach to the virus...
Bridgestone reports ransomware attack at U.S. subsidiary
Bridgestone said third-party unauthorized access was made at Bridgestone Americas on Feb. 27, prompting it to shut down the computer network and production at its factories in North and Middle America for about a week An investigation later determined the incident to...
Bangladesh seeks $22.4 million after missile hits ship in Ukraine
The war risk cover was provided by Dhaka-based Sadharan Bima Corp. and reinsured through Lloyd's of London broker Tysers, a source at Sadharan Bima said Sadharan Bima's exposure was 10% with Tysers covering the remaining 90% Insurance premiums have soared by over 100%...
Russian crisis to worsen, save fuel by restricting use of cars: IEA
“By following a 10-step plan would reduce the price pain being felt by consumers around the world, lessen the economic damage, shrink Russia’s hydrocarbon revenues, and help move oil demand to a more sustainable pathway,” the Paris-based IEA said in a report. The...
Canadian Pfizer partner sues to head off patent lawsuit over COVID-19 vaccine
The lawsuit is part of a growing web of patent disputes over COVID-19 vaccine technology. Arbutus sued Moderna over its mRNA technology last month, but has not yet sued Pfizer or Acuitas Pfizer and Moderna were hit with patent lawsuits on Thursday by Alnylam...